NOW TELCOS' TURN: DirecTV In Play

Just now, while a guest on CNBC, superstar investor Mario Gabelli said that DirecTV “is going to be made love to by Verizon or AT&T”. Well, we all knew that John Malone wasn’t going to sit quietly by as his arch-rival Comcast swallowed NBCU and god knows what else. Now DirecTV and the telcos is yet another of the strategic alliances forming as Big Media consolidates even further.